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Maker of China’s TikTok denies report it is planning HK listing

October 29, 2019October 30, 2019 strong

Shanghai, Oct 29 (AFP) Chinese internet start-up ByteDance, whose globally popular app TikTok has raised US security concerns, on Tuesday denied reports that it was considering an initial public offering in Hong Kong in the first quarter of next year. ByteDance, which is said to be valued at up to 75 billion, was reported by the Financial Times to be eyeing a listing in the city despite months of violent political protests there. The report had cited unidentified sources. “There is absolutely zero truth to the rumors that we plan…

NEWS CATEGORIES WORLD NEWS

Global economic outlook strongly dependent on path chartered by nations like India: PM Modi

October 29, 2019October 30, 2019 strong

Riyadh, Oct 29 (DINN) Underlining that the economic uncertainty is an offshoot of “unbalanced” multilateral trade systems, Prime Minister Narendra Modi has asserted that the global economic outlook is strongly dependent on the path chartered by large developing countries like India and Saudi Arabia. Earlier this month, the International Monetary Fund (IMF) has downgraded its outlook for the world economy, predicting that the growth this year will be the weakest since the 2008 financial crisis primarily because of widening global conflicts, including the US-China trade war. The forecast predicts global…

NATIONAL NEWS NEWS CATEGORIES

Free bus ride scheme might be extended to senior citizens: Kejriwal

October 29, 2019October 30, 2019 strong

New Delhi, Oct 29 (DINN) The free-ride scheme for women on Delhi public buses might be extended to senior citizens, Chief Minister Arvind Kejriwal said as the initiative took off on Tuesday. This scheme will help in women empowerment by bridging the gender gap that exists in society, the chief minister said on his mobile application ‘AK App’. “Now, girls and women who had to drop out of schools and colleges because of high transportation cost don’t need to sacrifice their education. They can now take buses to good schools…

NATIONAL NEWS NEWS CATEGORIES

Terrorists fire on bullet proof CRPF bunker in Pulawama

October 29, 2019October 30, 2019 strong

Srinagar, Oct 29 (DINN) Terrorists attacked a bullet-proof CRPF post in Pulwama near here on Tuesday but there were no casualties, said officials The paramilitary force officials said the militants fired multiple gun shots at a bunker of the 72nd battalion of the Central Reserve Police Force at about 3:30 pm in the Drapgam area of Rajpora in Pulwama At least six to eight bullets were fired by unidentified terrorists at the CRPF post with the personnel deployed on law and order duty in the area, they said The CRPF…

NEWS CATEGORIES SPORTS

There are people trying to sabotage Bangladesh’s India tour, claims BCB president

October 28, 2019October 29, 2019 strong

Dhaka, Oct 28 (DINN) Bangladesh Cricket Board president Nazmul Hasan ‘Papon’ has alleged that there has been constant attempts to sabotage Bangladesh’s upcoming tour of India and the strike by country’s top cricketers with 11-point demand was an extension of that. Bangladesh players called off the strike after BCB agreed to their demands of better pay package at the international and first-class level days before their four-week long tour of India where they are supposed to play 3 T20s and two Tests. “You people (media) haven’t yet seen anything about…

NEWS CATEGORIES SPORTS

Tiger emerges from ‘most challenging’ career phase with record win

October 28, 2019October 29, 2019 strong

Inzai (Japan), Oct 28 (DINN) Tiger Woods said Monday his latest injury comeback to win the Zozo Championship and tie the US PGA Tour’s win record had ended the “most challenging” phase of his storied career. Woods held off Hideki Matsuyama at Accordia Golf Narashino Country Club to equal Sam Snead’s record of 82 wins and move to number six in the world rankings from 10th. It was his first tournament since arthroscopic left knee surgery in August and came after he started the tournament on Thursday with three straight…

ENTERTAINMENT NEWS CATEGORIES

Rajit Kapur on playing Gandhi, Nehru and Modi: You have to find their core

October 28, 2019October 29, 2019 strong

Mumbai, Oct 28 (DINN) Rajit Kapur is among those rarer actors who have played Mahatma Gandhi, Jawaharlal Nehru and Prime Minister Narendra Modi on screen and feels the key to play such diverse range of personalities is to find their core and bring it alive. In Shyam Benegal’s 1996 drama, “The Making of the Mahatma”, Rajit played the titular role and more than two decades later, played PM Modi in this year’s blockbuster “Uri- The Surgical Strike”. The actor also stepped in the role of Nehru in this year’s “The…

ENTERTAINMENT NEWS CATEGORIES

Elton John calls off Indianapolis concert due to illness

October 28, 2019October 29, 2019 strong

Los Angeles, Oct 28 (DINN) Music legend Elton John had to cancel his Indianapolis concert due to illness. The veteran singer was set to perform at Bankers Life Fieldhouse as part of his Farewell Yellow Brick Road Tour on Saturday. In a statement posted on his official Twitter account, John said he is “extremely unwell” and apologised to his fans for letting them down. “It is with the heaviest heart that I’m forced to deliver the news that I am extremely unwell and therefore unable to perform at Bankers Life…

BUSINESS NEWS CATEGORIES

RBI imposes Rs 35 lakh fine on Tamilnad Mercantile Bank

October 28, 2019October 29, 2019 strong

Mumbai, Oct 28 (DINN) The Reserve Bank has imposed a penalty of Rs 35 lakh on Tamilnad Mercantile Bank for violating norms on frauds classification and notification. The central bank imposed the fine via an order dated October 24, 2019. The bank has been penalised for “non-compliance with certain provisions of directions issued by RBI on frauds classification and reporting by commercial banks and select FIs directions 2016,” the RBI said in a release on October 25. “This action is based on the deficiencies in regulatory compliance and is not…

BUSINESS NEWS CATEGORIES

Centre’s green nod for Rs 819 cr Kochi water metro project

October 28, 2019October 29, 2019 strong

New Delhi, Oct 28 (PTI) The Centre has given the environment clearance for Rs 819 crore water metro project that aims to provide better connectivity of islands around Kochi with the mainland, according to official document. The Union Environment Ministry has given the final environment clearance to the proposed project after taking into account the views of its green panel. Kochi Metro Rail Ltd (KMRL), a joint venture firm of the Centre and Kerala government, is the implementing agency of the proposed project. As per the proposal, the project will…